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Mathematics, 20.05.2021 03:10 JSTAX01

30. Brandon is buying a new car and will be financing a loan of $22.000. He has a choice of paying the loan in installments of 36.48.60.or 72 months. The table below shows the
monthly payments for each loan period.
Loan Terms Interest Monthly
(months) Rate Payment
36 6.0% $669.28
48 6.0% $516.67
60 6.0% $425.32
72 6.0% $364.60
After two years, how much interest will Brandon save by choosing the 4-year loan over the 6-
year loan? 8.12A
F. $51.051.36
G. $24.800.16
H. $1.451.04
J. $26.251.20
My


30. Brandon is buying a new car and will be financing a loan of $22.000. He has a choice of

payin

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